Arden Hills townhomes for sale: Are they right for you?
There are many good reasons to look for Arden Hills townhomes for sale. Over the years this type of housing has offered Americans homeownership with a more care-free lifestyle. With lower house maintenance costs and affordable prices, many people find townhome living to be more conducive to their lifestyles. So what are the pros and cons to owning a Arden Hills townhome?
Arden Hills Townhomes Prices
Arden Hills townhomes for sale are often priced significantly less than traditional single family houses due in part to the use shared walls and common areas. The townhome association to which you will be required to belong is responsible for upkeep of these common areas as well as some of the exterior maintenance of your home as well. This can make buying a Arden Hills townhome especially appealing to busy first time home buyers as well as to retirees who prefer not to deal with that type of upkeep.
This does not mean that the maintenance is without cost, as you know. As part of your financial responsibility for owning a Arden Hills townhome you will have a monthly dues you must pay to the association. These dues cover a variety of things but the extent to what it covers can and will vary from one Arden Hills townhome association to another. While your monthly association dues might include insurance coverage for your dwelling in one homeowner's association, you might have to shop and buy that on your own in another. It is important to review this information before you sign a purchase agreement to buy a Arden Hills townhome since your monthly association dues can vary significantly.
Information About Arden Hills
Located in Ramsey County, the City of Anoka is a short commute for those who work in either Minneapolis or St. Paul. Home to employers such as Bethel University and the headquarters of Land O' Lakes there are good opportunities for employment in Arden Hills. With a population of about 9,500 according to the 2010 census living in Arden Hills means having a friendly, small-town atmosphere. The MN first time home buyer may benefit from the Ramsey County First Home program to help with entry cost assistance. If you are looking for a great suburb in which to buy your next home please visit my website for more information.
Arden Hills townhomes for sale: Pros
- Low maintenance lifestyle
- Less expensive homes
- Shared amenities such as recreational areas and/or swimming pool
- Often a small back yard
- No neighbors located below or above as is common in condos
Arden Hills townhomes for sale: Cons
- Monthly association dues
- Smaller yards or sometimes no yard at all
- You will share walls with neighbors
First Step: Get Preapproved
The first step in the home buying process is to get prequalified for financing. This means that you meet with a local mortgage lender who analyzes your credit, income, assets, and debts. In doing so they can tell you what types of Minnesota first time buyer programs you might be qualified for. This critical first part can be done over the phone and most lenders will arrange to talk with you when you're off work, even in the evenings or weekends.
Sales Executive, Licensed Realtor in Minnesota
Woodbury, MN 55125
With a focus on Woodbury real estate and surrounding communities.